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2 clusters · 5 sources · 10 days · First seen · Last updated
Greater Hyderabad Municipal Corporation financial and labor-
Overview
The Greater Hyderabad Municipal Corporation (GHMC) has encountered several financial and operational challenges. Initially, the GHMC Vigilance Wing identified discrepancies in 78 ERP invoices, leading to the recovery of approximately Rs 6.83 crore in duplicate and excess payments made to contractors for infrastructure projects. These issues were reportedly linked to software reconciliation failures following a trifurcation of the corporation.
Subsequently, the GHMC reported a significant revenue gap of approximately Rs 39.74 crore in unpaid dues from outdoor advertising agencies. Alongside these financial concerns, the corporation faced labor unrest as workers protested near the Telangana Legislative Assembly against the proposed privatization of waste collection services, citing concerns over job security and working conditions.
Entities
Greater Hyderabad Municipal Corporation · Malkajgiri Municipal Corporation · Telangana Legislative Assembly · A Revanth Reddy · R. V. Karnan
Timeline
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11 days ago
[BUSINESS] 2 sourcesGHMC faces advertising revenue gaps and worker protestsThe Greater Hyderabad Municipal Corporation faces a Rs 39.74 crore deficit in advertising dues and protests from workers opposing the privatization of waste collection services.
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20 days ago
[BUSINESS] 3 sourcesGHMC recovers Rs 6.83 crore in duplicate payment caseThe Greater Hyderabad Municipal Corporation has recovered Rs 6.83 crore after internal checks identified duplicate and excess payments made to contractors for civic works.
Sources
indtoday.com · m9.news · munsifdaily.com · newindianexpress.com · newsmeter.in